Total Credit — Value US$, 2015 prices in Norway
Norway: Total Credit — Value US$, 2015 prices was 569,708 million USD in 2024. ▲ Rising
Total Credit — Value US$, 2015 prices in Norway, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Norway recorded 569,708 million USD for total credit — value us$, 2015 prices in 2024.
Compared with earlier readings it is up 2.6% on the previous year and up 16.6% over ten years.
Over the whole period, total credit — value us$, 2015 prices in Norway peaked at 662,330 million USD in 2020 and was at its lowest, 299,051 million USD, in 2001.
That places Norway 16th out of 166 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Total Credit — Value US$, 2015 prices in Norway, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 299,051 million USD | — |
| 2002 | 322,614 million USD | +7.9% |
| 2003 | 339,231 million USD | +5.2% |
| 2004 | 347,650 million USD | +2.5% |
| 2005 | 362,282 million USD | +4.2% |
| 2006 | 338,381 million USD | -6.6% |
| 2007 | 383,761 million USD | +13.4% |
| 2008 | 429,492 million USD | +11.9% |
| 2009 | 450,425 million USD | +4.9% |
| 2010 | 454,337 million USD | +0.9% |
| 2011 | 449,790 million USD | -1.0% |
| 2012 | 453,533 million USD | +0.8% |
| 2013 | 463,842 million USD | +2.3% |
| 2014 | 488,718 million USD | +5.4% |
| 2015 | 535,024 million USD | +9.5% |
| 2016 | 569,275 million USD | +6.4% |
| 2017 | 584,481 million USD | +2.7% |
| 2018 | 578,075 million USD | -1.1% |
| 2019 | 612,864 million USD | +6.0% |
| 2020 | 662,330 million USD | +8.1% |
| 2021 | 578,923 million USD | -12.6% |
| 2022 | 478,030 million USD | -17.4% |
| 2023 | 555,048 million USD | +16.1% |
| 2024 | 569,708 million USD | +2.6% |
Norway compared with similar countries
- Norway's 569,708 million USD is above the median for high income countries, which is 62,034 million USD, 9.2× the median. (52 countries reporting)
- Norway's 569,708 million USD is above the median for Europe & Central Asia, which is 38,541 million USD, 14.8× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 363,654 million USD | 299,051 million USD | 450,425 million USD | 9 |
| 2010s | 518,994 million USD | 449,790 million USD | 612,864 million USD | 10 |
| 2020s | 568,808 million USD | 478,030 million USD | 662,330 million USD | 5 |
Countries ranked near Norway
- 13 Syrian Arab Republic 1,436 million USD compare
- 13 United Kingdom of Great Britain and Northern Ireland 628,984 million USD compare
- 14 Australia 627,049 million USD compare
- 14 Polynesia 907.62 million USD compare
- 15 Italy 611,779 million USD compare
- 15 Timor-Leste 356.6 million USD compare
- 17 Denmark 530,283 million USD compare
- 18 New Zealand 509,237 million USD compare
- 19 Saudi Arabia 476,235 million USD compare
More agriculture & rural data for Norway
- Agriculture, forestry, and fishing, value added (current US$), annual 2.39 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0164 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 1,553 current US$ per person (2025)
- Rural population, annual growth rate -0.7644 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.1643 units per person (2025)
- Share of GDP from agriculture 1.6% (2025)
- Agriculture as a share of GDP vs. GDP per capita 1.6% (2025)
- Agricultural raw materials exports 0.8% (2025)
- Agricultural raw materials imports 1.0% (2025)
Frequently asked questions
- What is total credit — value us$, 2015 prices in Norway?
- Total credit — value us$, 2015 prices in Norway was 569,708 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in Norway?
- The highest recorded value was 662,330 million USD in 2020.
- What is the lowest total credit — value us$, 2015 prices recorded in Norway?
- The lowest recorded value was 299,051 million USD in 2001.
- How does Norway rank for total credit — value us$, 2015 prices?
- Norway ranks 16th out of 166 countries with data for 2024.
- Is total credit — value us$, 2015 prices rising or falling in Norway?
- Over the last ten years it is up 16.6%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.